Sports betting laws

Sports gambling laws differ from country to country. In the US, sports gambling is regarded as illegal in most states save a few like Nevada, Montana etc. The legality and general acceptance of sports gambling is extremely regulated in several European countries though not criminalized, but Europeans need to know the best way to bet tax-free – great info at GertGambell.net. “Sports gambling” is regarded by legalized sports gambling proponents as a sports hobby for sports fans to enhance their fascination with a sporting event thus becoming a big benefit to leagues, teams and players etc.

There are many sites that happen to be respectable that do not allow US residents to bet through them but with the advent of the internet and offshore gambling sites it is getting more tough to govern the sports gambling activities of Americans. For quite a while the United States argued up against the online gambling legalities by citing the Interstate Wire Act of 1961 passed to halt sports gambling activities between the states by making use of wire containing devices and the telephone. Considering that the internet was not yet invented during those times, legal experts today question whether regulations actually pertained to the net services or not.

The Justice Department of the US however claimed the Wire Act did relate to all forms of online or internet gambling. In 2006, The congress wrote the SAFE Port Act and passed it to increase the US port security. Attached to this was the Unlawful Internet Gambling Enforcement Act that prohibited US residents from usage of electronic fund transfer or checks, credit cards etc to finance any internet gambling activity.

The thing that was important was the reality that the act dealt just with the funding of internet gambling accounts rather than the specific placing of the bet. Thus an online betting law attorney Lawrence Walters stated that the bill which was passed didn’t have effect on the betting activity of the person but centered only on the restriction of specific transactions which were financial and concerning the banks and internet gambling sites. Thus the bill did not make internet gambling illegal nevertheless it made funding ones bet or wager on the internet sites illegal criminalizing the financial transaction instead of the actual act of betting by the individual.

Rep Barney Frank then introduced in 2007, the Internet Gambling Regulation and Enforcement Act in order to legalize internet sports gambling and also at the same time Rep.es McDermott introduced the Internet Gambling Regulation and Tax Enforcement Act to regulate betting sites on the web and collect tax on all bets made.

The nation of Antigua and Barbuda in 2003 filed a complaint against the US with the World Trade Organization the US (based on their sports gambling laws and ban on betting on the net) violated their WTO rights. The WTO ruled in their favor and though the United States appealed the initial ruling was upheld on lots of occasions. The WTO awarded Antigua and Barbuda trade sanctions worth $21 million as well as the right to penalize the United States copyright and trademark laws.